Question
A project has an initial cost of $65,475, expected net cash inflows of $12,000 per year for 11 years, and a cost of capital of
A project has an initial cost of $65,475, expected net cash inflows of $12,000 per year for 11 years, and a cost of capital of 10%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round your intermediate calculations. Round your answer to the nearest cent.
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Venture Capital And The Finance Of Innovation
Authors: Andrew Metrick
1st Edition
0470074280, 9780470074282
